Funding you earn now, next payment 04:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h +0.021%
Price spread now: Bitget against Binance0.000%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 2 days (all we have)−0.025%−$2 · spread now 0.000%, 7d avg +0.017%
=The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BYDUSDT | 10.460 | 0.0130 | pay 0.0065% / 4h | 3h 11m | $1.4M | $851K | 20x |
| Short | Bitget BYDUSDT | 10.460 | 0 | get 0.0000% / 8h | 7h 11m | $209K | $327K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$27.32
- Price spread: 0.000% → +0.017%
- −$1.7
- Slippage, 4 orders
- −$48.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$99.42
- Costs to cover
- 0.704%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 54 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 4.78 bp | 23.4 bp −$23 | 74.3 bp −$743 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 7.16 bp | 15.4 bp −$15 | 21.4 bp −$214 | doesn't fit | doesn't fit |
BYD on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BYDUSDT | 0.0000% | 8h | 10.470 | +0.096% | $79K | $13K | 25x | as long as short |
| Bitget BYDUSDTshort | 0.0000% | 8h | 10.460 | 0.000% | $209K | $327K | 20x | |
| SunX BYD-USDT | 0.0000% | 4h | 10.450 | −0.095% | — | $3.0M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.460 | 0.000% | $9K | $263K | 20x | as long as short |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.474 | +0.134% | $13K | $1.9M | 20x | as long as short |
| Binance BYDUSDTlong | +0.0130% | 4h | 10.460 | long leg | $1.4M | $851K | 20x | |
| Gate BYD_USDT | +0.0156% | 8h | 10.490 | +0.287% | $136K | $42K | 20x | as long as short |
| edgeX BYDUSDC | +0.0169% | 4h | 10.458 | −0.016% | $43K | $431K | 10x | as long as short |
Binance BYDUSDT
Bitget BYDUSDT
Bybit BYDUSDT
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
Gate BYD_USDT
edgeX BYDUSDC